I have created a non-profit, MacroMinds, to help raise money for charitable organizations that focus on improving educational opportunities for children from disadvantaged families and communities in the NY area. The initiative is based on two primary ideas. First, education shortfall for families is self-reinforcing. One stat: the children of college-educated parents are seven times as likely to go to college as the children of high school dropouts. Can we help break the cycle? In addition, we all know that the world is growing increasingly competitive. It takes more expertise to succeed and the set of skills required is becoming harder to acquire. The more educational access we can provide to children from unfavorable circumstances, the better. We all win.
The second idea behind MacroMinds is that the community of finance is at its best when it is engaging in dialogue on all the difficult questions out there. We know what they are! Negative rates and chronic disinflation, geopolitical instability, crowded trades and the 2020 election are some of the risks. Set against these, what are the asset class, geographical and style considerations relevant to portfolio construction? What’s the next big thing in finance and markets? These are important, complex topics that are best explored through in-person and collaborative interaction with focused market professionals.
With these two ideas in mind, I decided to create MacroMinds. Our goal is simple: first, find partner charitable organizations with a demonstrated track-record for providing children from disadvantaged households with expanded access to education. Second, host an inspiring event that supports these causes and allows our finance community to contribute, learn, strengthen relationships and, importantly, have fun!
The event will raise money for CodeNation, iMentor, and Mt. Pleasant-Blythedale School. I’ve worked closely with each of these organizations and their leadership over the last several years and each is making a huge impact on children and families.
We will provide updates as as we decide on a new date so please check back as our program comes together.
Thank you for your support!